Sat, 7 March
3.1 C
Yerevan
USD: 377.31 RUB: 4.78 EUR: 436.81 GEL: 138.21 GBP: 503.37

Armenian banks paid 34.4 billion drams in taxes in 2016

YEREVAN, February 1. /ARKA/. All 17 Armenia-based commercial banks were among the 1000 largest corporate taxpayers in 2016 having paid about 34.4 billion drams in various taxes, the State Revenue Committee said today.

The amount was down from 41.2 billion drams the banks paid in taxes in 2015.
According to official data, some 34.3 billion drams were collected by tax authorities and about 74.5 million drams by the customs authorities.

Of the 34.4 billion drams some 30.3 billion drams were collected as direct taxes (income tax and personal income tax); indirect taxes, including excise taxes, stood at about 2.14 billion drams. Also 1.93 billion drams were paid as other taxes, duties and obligatory payments.

The top five banks by size of paid taxes were Ameriabank – 4.03 billion drams (25th place in the list of 1000 largest corporate taxpayers), VTB Bank (Armenia) -. about 3.42 billion drams (29th place), ACBA-CREDIT AGRICOLE BANK -. 3.36 billion drams, (31st place), Ardshinbank – 3.07 billion drams (39th place) and Inecobank – 2.79 billion drams (43rd place).

The list of the 100 largest taxpayers included also Armbusinessbank – 2.71 billion drams, Unibank – 2.61 billion drams, HSBC Bank Armenia -. 1.79 billion drams, Conversebank – 1.63 billion drams, Anelik Bank- 1.54 billion drams and Armeconombank -. 1.51 billion drams.

Overall, the 1000 largest corporate taxpayers paid more than 716.9 billion drams in various taxes in 2016, an increase of 2.8% from 2015. ($ 1 – 486.5 drams). – 0-

spot_img

POPULAR

The average exchange rate of the Armenian dram to the US dollar in February was 4.5% lower than a year ago

In February 2026, the average exchange rate of the Armenian dram to the US dollar was 377.6 drams (395.6 drams in February 2025).

Euro to Armenian dram exchange rate fell by 5.41 points, while dollar and ruble exchange rates changed little

The average market exchange rate for the US dollar to the Armenian dram, determined on March 2, 2026, increased by 0.11 points compared to February 27, reaching 376.99 drams.

Euro to Armenian dram exchange rate jumped by 2.59 points: Central Bank

The average market exchange rate for the US dollar to the Armenian dram, determined on the Armenian foreign exchange market as of March 3, 2026, increased by 0.87 points compared to March 3, reaching 377.86 drams.

Love Is… Card by Unibank – An Iconic Design and a Romantic Trip for Two to Paris

Unibank has launched a limited-edition series of bank cards featuring the Love Is… design — bright, instantly recognizable, and filled with warm nostalgia.

Mopeds, tricycles, and ATVs in Armenia will be included in the compulsory motor third-party liability insurance (CMTPL) system

At its session on Wednesday, the National Assembly of Armenia adopted amendments to the law "On Compulsory Liability Insurance Arising from the Use of Motor Vehicles" in the first reading.

LATEST NEWS

spot_imgspot_imgspot_img